HomeMy WebLinkAbout1230 need shall perform. 1•omply u,ifh arld al,iile l,y Path arld Pl'Pry the agreements, slipulafions, condtlior(s and
MI'enallfS f11P//'Af. arld of t111S mO/tgapP, the/I this mortgage and IhP estate hereby created. shall cease, d~-
IPrmirlP a11r1 1?P /11111 11114 1'alll.
~nd the murtga(for Itrr/'b> further covenants and agrees to pay promptly when due the principal and
interest and other sums of mwley provided _ for- in said vole and this mortgage, or either, fo pay all and
singula? the taxes, assessments, lPl'iPS, Iinbilifies, obligations, and encumbroncta of el'ery nature on satd pro-
perty: fo pP?ntil, commit or suffer rlo u'asle, impairment or dPlPriorofion of said land or the improt'emenls
fhPltN`II nl arty limp: fo IrePp the buildirufs nou? ur hPreaf ter on said land fully inslurd in a sum of not less
than highest insurable value
in a company or companies acceptable to IhP mortgagee, Ilse policy or policies to 6e held 6y, and payable
to, said morf(facfee, and in the el'Pnt any sum of money 6Pr•omes payable 6y virtue of such insurance the
mortgagee shall Itat'P flee right fo receive and apply the same to the indebtedness hereby secured, amounting
to Ille ntort(fa~ar for any stlry,llls: to pay all c•osfs, charges, and expenses, including lawyers fees and title
searches, reaswlably incurred or paid by dIP mortgagee because of the failure of the mortgagor to promptly
and fully comply u'ilh the agreements, stipulations, conditions and covenants of said note and Ibis mo?fgage,
or eilller: fo perform. comply with and abide by each and every the agreements, stipulnlions, rnndifions and
col•enarlfs set forth in said note and this mortgage or either. In the event the mortgagor fails Io pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this
mortgage, or eifller, the mort(fngPe may pay the same, without woivinq or of
fecfing the option to foreclose
or any ot?rl•r right hereunrler, and all such payments shall bear interest from dale thereof of the highes! lnw-
(ul rate then allowed by the laws of the State of 1'lorida.
I ~l any sum of munPV herein rP(PrrPd to bP not promptly paid within 30 days next after
I 1hP sanlP bPromPS duP• or if Pach and PnPry fhP agreements, slipulafions, conditions and cvvenants of said
I note and this morfffa~fP. or either, are not fully performed, rnmplied with and abided 6y, then the entire
stem merlfioned in said.rlotP. arld this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, b/•r-Ome -and be due and payable, anything in said note or herein
to the contrary nohr'ifhsfandiny. Failure by the mortgagee to exercise any of the rights or options herein
provid/•?1 s{loll not constitute awaiver a( any rights or aplians under said note or this mortgage accnred w
Iberraf~er m•r•ruinn.
~n ~itneSS ~heCeof,. the said mortgagor has hereunto signed and sealed these presents the
dog and yea test ol,ove trriflen.
Sir r , se ed a Id dPlir•r n the presr' u-e of
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" DEBORAH DATZ .
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ST!1TE OF FLt)RIDA,
CO('\TY OF St. Lucie 1
I HEREBY CERTIFY that on this day, before me, as
o((irer duh• authorized in the State aforesaid and in the County aforesaid to take ackrww;edgments, personally appeared
DEBORAH DATZ
to mr• known to F,r the person described in and who ttxtruted the (oregoinq instrument and She arknowkd}ted
before me that She executed the same.
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~~'I•I:~iESS my hand ant official xal in the (:ounty and Stat,• last aforesaid this day of r
i November n. 19 80
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^ f? ( OTARY SEAL) ...o ..a y Pu lc .
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's~ ~ My Commission Expires .
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, Tlra Itis/n~tand pfrpnmJ hy: This Instn,rrwtl pr~~ gy. `s,
Ac/1/test RT, Attorney ~ p - -
4Ci :::.Nola St., 5_::to t~2 ( 3~~ i~~(.'z,Z,~
~ S%~.,rt, Horida 33~i94
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